| 17.12.2008 - Dubai World repays $890 mln early, confirming ability to manage debt |
| From Gulfnews.com: Dubai World recently repaid $890 million (Dh3.269 billion) outstanding balance on a $1.2 billion loan it obtained from international banks last year to acquire a 9.4 per cent stake in MGM Mirage by Infinity World, a subsidiary of Dubai World. The loan repayment by Dubai World is the third in a series by Dubai Government owned entities in the last few weeks. .... Full Article: Source |